The following unadjusted trial balance is for Duerr Construction Company at its June 30 current...
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Accounting
The following unadjusted trial balance is for Duerr Construction Company at its June 30 current fiscal year-end. The credit balance of the Retained Earnings account was $114,000 on June 30 of the prior year. Information for adjustments is as follows: Supplies available at the end of the current fiscal year total $3,400. Cost of expired insurance for the current fiscal year is $2,500. Annual depreciation on equipment is $28,200. June utilities expense of $1,100 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $1,100 amount owed must be recorded. Employees have earned $4,800 of accrued and unpaid wages at fiscal year-end. Rent expense incurred and not yet paid
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